Will housing provide clues about the economy?


The toxic combination of a four-decade high inflation and the Federal Reserve’s start to an aggressive interest-rate-hike campaign has increased the odds of a recession within the next year.

Jill Schlesinger 

Even if the National Bureau of Economic Research Business Cycle Dating Committee does not officially make a recession call, it is becoming obvious that a slowdown from last year’s zippy growth of 5.5% (the fastest GDP since 1984) has begun.

If we do see a recession, it’s hard to know how bad it will be or how long it might last.



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